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20110701
20110731
STATION
KPIX (CBS) 8
WUSA (CBS) 6
WJZ (CBS) 5
LANGUAGE
English 19
Search Results 0 to 18 of about 19 (some duplicates have been removed)
CBS
Jul 11, 2011 5:30pm PDT
trying to do something big. >> reporter: the president said he understands boehner's control of the republican house is limited. >> i think he's a good man who wants to do right by the country. i think that it's a... as chip alluded to, the politics that swept him into the speakership were good for a midterm election; they're tough for governing. >> reporter: but it's time, the president said to put politics aside and make some tough decisions. >> it's not going to get easier, it's going to get harder. so we might as well do it now. pull off the band-aid. eat our peas. >> reporter: scott, the president said that failure to reach a deal could lead to another recession that could be so deep that millions more americans could lose their jobs. >> pelley: chip, stay with us as we go over to nancy cordes on capitol hill. nancy, john boehner, the republican speaker of the house, pushed back today. >> reporter: scott, speaker boehner was not swayed by the president's call for a compromise on taxes. >> the american people understand that tax hikes destroy jobs. the last thing we shoul
CBS
Jul 22, 2011 6:30pm EDT
was left at the alter. speaker boehner has pulled out of the negotiations for the big deal that would cut the deficit and raise the debt ceiling all at the same time. that negotiation is apparently over. in a letter to his colleagues speaker boehner makes his sides of the case "a deal was never reached, it was never really close. in the end we couldn't connect. the president is emphatic that taxes have to be raised. as a former small businessman i know taxes destroy jobs." which it means as of now that august 2nd deadline continues to approach. there is no deal to raise the debt ceiling, no deal to cut spending. what happens now? president obama saying he has asked tomorrow morning at 11 a.m. he wants to see boehner, nancy pelosi, harry reid and mitch mcconnell all at the white house to talk about what happens next. he says as of now time is running out and there is no way to make the big deal so he is willing to sign a small deal. extension through 2013. he will talk about that with the house and senate leaders tomorrow. so that's all for 9news now right now at 6 p.m. now if you want to
CBS
Jul 13, 2011 5:30pm PDT
and ended their talks on the so-called big deal, so cut the debt by $4 trillion over a decade, which he said the two men had been discussing since january. a republican source posted the -- close to the negotiate says the deals are producing little progress at this point. the white house says the president did not abruptly leave the room, he simply made his views very clear on the need to compromise, stood and said see you tomorrow. >> mitchell: chip reid, thank you very much. senior business correspondent anthony mason is here now. let's go back to the news from moody's. what exactly does that mean? >> moody threatened to do this last month. today the rating agency cited its concerns that the debt limit will not be raised on a timely basis, leading to a default on a u.s. treasury obligation. in moody's words, the risk of a short-lived default was small but rising. standard and poors put u.s. credit on negative outlook back in april citing the same concerns. this is basically another warning shot, russ, telling congress they're running out of time. >> mitchell: how soon could all this happen
CBS
Jul 22, 2011 5:30pm PDT
schieffer. well, there are two big stories in the news tonight, that explosion in oslo, and in washington late developments in the argument over how to find a way to cut the federal budget and raise the debt ceiling. we're going to begin with that story tonight. republican house speaker john boehner now says he is done negotiating with the president and will try to deal directly with senate leaders. within minutes after saying that the president came to the white house briefing room to say boehner was taking the wrong tack. >> i was willing to take a lot of heat from my party and i spoke to democratic leaders yesterday, and although they didn't sign off on a plan, they were willing to engage in serious negotiations, despite a lot of heat from a lot of interest groups around the country, in order to make sure that we actually dealt with this problem. >> schieffer: the president went on to say that speaker boehner would not return his phone call and he asked congressional leaders from both parties to come back to the white house tomorrow morning for some new talks. we're going first to the
CBS
Jul 15, 2011 5:30pm PDT
one last plea for a grand bargain. >> we have a unique opportunity to do something big. we have a chance to stabilize america's finances for a decade. >> reporter: if the republicans continue to refuse to compromise on taxes, the president said voters will remember in next year's elections. >> i think what the american people are paying attention to is who seems to be trying to get something done? and who seems to be just posturing and trying to score political points? >> reporter: the president said he's willing to put everything on the table, including democratic sacred cows like social security and medicare, even raising the possibility of higher medicare premiums for upper-income seniors. in return, he called on republicans to agree to tax hikes on corporations and wealthy americans as part of a deal to cut deficits by $4 trillion over the next decade. republican speaker john boehner says there is no chance of that. >> there can be no tax hikes because tax hikes destroy jobs. >> reporter: boehner blamed the president for the impasse. >> we ask the president to lead, we ask h
CBS
Jul 8, 2011 5:30pm PDT
was a false alarm. the big clock rolled once again. >> going for main engine start. >> reporter: despite lingering concerns about potential rain and lightning-- >> liftoff, the final liftoff of "atlantis." >> "atlantis" roared toward the heavens. >> the space shuttle spreads its wings one final time for the start of a sentimental journey into history. >> reporter: rocketing into the clouds, the shuttle headed for its sunday rendezvous with the international space station, the shuttle carried 10,000 of pounds of equipment and supplies to the space station, enough to last through 2012. >> "atlantis" go at throttle up. >> reporter: a camera on the external fuel tank focused closely on the heat shield on the belly of the orbiter. a preliminary analysis revealed no worries, no indications that the vulnerable insulating tiles suffered any debris damage on launch. for nasa, this was a textbook start for the end, because when "atlantis" comes home, the 30- year shuttle program will be shut down, a sobering reality that tempered today's celebration. of course, there is still plenty of work to do
CBS
Jul 18, 2011 5:30pm PDT
of year the peach would be ripe and it would be that big. >> reporter: at ham orchards in carroll, texas, the signs of drought on this peach farm are obvious. >> they're beginning to stress, these young trees are, with these yellow leaves, inside the tree. >> reporter: dale ham has been a peach farmer for 32 years. has the drought cost you any none? >> yes. a lot. we're having to water 24 hours a day and it's costing us money in fuel, in electricity. >> reporter: he's not alone. severe drought conditions are spread across 14 states. in texas, the period from february to june was the driest since 1917. it may take a hurricane to make things right. until then, ranchers like jim mccord are left high and dry. >> we're in survival mode. we're just trying to survive and do the best we can until conditions get better. >> reporter: but even then relief could be temporary. climate models show another la nina could be forming. the weather phenomenon in the pacific ocean keeps the south drier than normal. that means drought conditions could be on tap again next year. back at ham orchards... >> once
CBS
Jul 19, 2011 5:30pm PDT
affordable, offer more flexibility. >> i don't miss property taxes. i don't miss big utility bills. >> reporter: jonathan fitzgerald sold his five bedroom suburban house two years ago and moved to an in-town apartment. his mortgage was $12,000 a month, his rent is $4,500. >> now i want to be closer to the office, i want to be close to my friends and all the restaurants and places that i go to on a regular basis. >> reporter: it's a trend developer rick caruso noticed years ago. he builds outdoor malls based on old urban models: retail below, apartments above. >> this is a cultural shift with the dollars following. net positive for the economy. net good for the economy. >> reporter: since the recession, caruso has invested $260 million in apartment projects. he's banking the apartment boom won't slow down any time soon. bill whitaker, cbs news, los angeles. >> schieffer: europe's most active volcano has surged to life again and it is quite a show. mount etna in sicily is blasting lava hundreds of feet into the air. molten rivers are flowing down its slopes. so far nearby towns appea
CBS
Jul 20, 2011 5:30pm PDT
hotter. american airlines struck a big deal today, in fact it was the biggest in aviation history. it's going to spend a reported 38 billion to buy 460 new jets from the world's two biggest airplane manufacturers. but is it a good deal for passengers? maya rodriguez takes a look. >> reporter: when it comes to making airplanes there are no fiercer rivals than buying and airbus, but today they had to share and stage and enthusiasm for the record deal with american airlines. >> i never thought i'd see a back drop with airbus and boeing and american on it, but we have it today. >> reporter: the new planes will begin rolling out by 2013. and will help overhaul americans' aging fleet. american airlines president tom horton says his airline will be the youngest and one of the most fuel efficient in the country. >> this is all about improving our economics and improving our product. >> reporter: american airlines, which lost $286 million in spring, has been hit hard by rising fuel costs. the deal is a major coup for airbus, the european company had not done business with american since the 19
CBS
Jul 19, 2011 6:30pm EDT
and the district, where a bible camp trip took a big turn for the worst. >>> i'm scott broom in garfield park southeast washington where this afternoon a huge branch fell down on some kids from a vacation bible camp from the people's church. >> i had a dream that the tree fell. >> i thought someone was getting shot. >> it was the biggest branch of a grand old tree. children and counselors from a
Search Results 0 to 18 of about 19 (some duplicates have been removed)